Exclusive: Lawyers who took on Lloyds and Tesco launch new funder-backed firm April 29, 2019 A group of lawyers who are taking on Lloyds Banking Group and Tesco in multi-million pound group actions have launched a new firm backed by a heavyweight litigation funder. The new firm – Harcus Parker – is a breakaway from London firm Harcus Sinclair led by its head of litigation Damon Parker. The firm has [...]
You’ve been served: A look at the growing trend for divorce loans April 10, 2019 Divorce law in England and Wales is set for an overhaul. New rules announced yesterday will prevent one partner refusing a divorce when the other partner wants one. It’s hoped that the reform will speed up “no-fault” divorces, allowing couples to split with less acrimony, and ending what justice secretary David Gauke described as the [...]
City Moves for 2 April – who’s moving jobs at Powell Gilbert, Stobart and Ashurst? April 2, 2019 Here are all the City Moves happening today: Powell Gilbert Specialist IP law firm Powell Gilbert LLP has promoted Siddharth Kusumakar to its partnership, increasing the total number of partners at the firm to ten. Since joining Powell Gilbert in 2012, Siddharth has advised clients across a variety of technologies, with a focus on multi-jurisdictional [...]
New York sues Sackler family over transfer of funds from opioid maker Purdue March 28, 2019 The beleaguered billionaire Sackler family is facing fresh scrutiny after an amended lawsuit alleged it transferred funds from opioid manufacturer Purdue Pharma. In the lawsuit New York attorney general Letitia James alleged Purdue, which produces the controversial Oxycontin product, transferred money to members of the Sackler family to protect the funds from ongoing litigation. Read [...]
City Moves for 27 March – who’s on the move at Wiggin, Coverys Managing Agency and Kirkland & Ellis? March 27, 2019 Who’s switching roles today? Wiggin Media, technology and IP law firm Wiggin has promoted Sarah MacDonald (digital entertainment) and Matthew Dando (litigation) to the partnership. This reflects the firm’s impressive growth and investment and an overall 30 per cent increase in partner numbers over the last two years. John Banister, chief executive, said: “Both Sarah [...]
Stocks for a durable ISA portfolio in the Brexit years March 24, 2019 By Edmond Jackson from interactive investor. With the Brexit outcome still uncertain, companies analyst Edmond Jackson picks five larger cap stocks and three AIM shares for a resilient ISA. Be aware how sentiment towards equities hinges currently on whether Brexit is "resolved" by way of "Soft" business-friendly outcome, or the UK leaves the EU without [...]
Burford Capital: AIM’s biggest firm still growing fast March 21, 2019 By Graeme Evans from interactive investor. This AIM star is already big enough to make the FTSE 100, but City analysts argue it is worth even more. The extraordinary story of Burford Capital (LSE:BUR) continued in earnest today as the AIM market's biggest stock delivered another record year of significant profits growth. With shares up [...]
Law firm DWF raises £95m in first-ever main market legal listing March 11, 2019 Law firm DWF has today raised £95m in the first main market float for a law firm, valuing the business at £366m. DWF is by far the largest of the handful of law firms to have listed on the stock market and is the first firm with a large international footprint to have gone public. [...]
Lord Falconer to chair litigation funder Therium’s £1m giveaway March 11, 2019 Former Lord Chancellor Lord Falconer is to chair a £1m giveaway by litigation funder Therium aimed at increasing access to justice in the UK. The funder has set aside £1m for the new initiative, dubbed Therium Access, with the first round of grants to be announced next month. Therium typically provides funds to those pursuing [...]
From funding pub refurbs to legal costs, here are some unusual Isa investments on offer March 6, 2019 Nobody wants to put their hard-earned savings into rubbish assets. Unless, that is, you want to use your annual Isa allowance to invest in an eco-friendly waste processing facility. This is just one of the esoteric investments available to subscribers of the Innovative Finance Isa (IFISA), which lets investors lend to businesses in search of returns. [...]